Rothschild: Control of Currency

Posted by admin on Friday, November 12, 2010

Mayer Amschel Rothschild Money Quote saying that he who controls the purse strings, controls a nation, an industry, or a household, regardless of laws or rules. Mayer Amschel Rothschild said:
 
Let me issue and control a nation's money and I care not who writes the laws Quote
 

“Let me issue and control a nation’s money and I care not who writes the laws” — Mayer Amschel Rothschild

 

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Mayer Amschel Rothschild was referring to the power that controlling the money or currency of a nation can provide. By “issuing and controlling” a nation’s money, he is likely referring to central banking activities like determining monetary policy and controlling the money supply.

His quote implies that whoever has control over these activities, in effect, has significant influence over a nation’s economy and financial system. It suggests that the ability to influence monetary policy may in some ways be just as or more powerful than the actual laws that are written.

The quote speaks to the strategic importance of monetary policy and how financial power can be used to influence policy-making in a country.

Birthday: February 23, 1744 – Death: July 6, 1812

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